Hormel Foods revenue and financials

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$19.88Change from previous close: −1.00%Absolute change: −$0.20

Close · October 6, 2026

In the fiscal year ended October 2025, Hormel Foods reported revenue of $12.11B (+1.55% year over year). Net income was $478.2M, a net margin of 4.0%.

Annual revenue · 2025: $12.11B
  1. $9.52B2016
  2. $9.17B2017
  3. $9.55B2018
  4. $9.5B2019
  5. $9.61B2020
  6. $11.39B2021
  7. $12.46B2022
  8. $12.11B2023
  9. $11.92B2024
  10. $12.11B2025

Fiscal year ending in October. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+1.55%
FY to Oct 2025 vs FY to Oct 2024
Net income growth
−40.60%
FY to Oct 2025 vs FY to Oct 2024
Net margin
4.0%
FY to Oct 2024: 6.8%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
ItemQ to Jul 2026Q to Apr 2026Q to Jan 2026Q to Oct 2025Q to Jul 2025Q to Apr 2025Q to Jan 2025Q to Oct 2024Q to Jul 2024Q to Apr 2024Q to Jan 2024Q to Oct 2023
Total assets13,29213,34413,31613,39313,49713,42213,40313,43513,11414,13513,51313,449
Current assets3,5263,4943,3883,4063,3223,2823,2663,2462,9973,9773,3673,297
Cash and equivalents8408278686715996708407425371,486963737
Short-term investments28.833.133.332.931.529.326.024.724.523.118.716.7
Receivables792819755882815795819868727732751825
Inventory1,8021,7511,6471,7471,8221,7291,5171,5761,6501,6741,5781,680
Net property, plant and equipment2,1632,1662,2412,4022,2132,1922,1752,3422,1692,1632,1562,298
Goodwill4,8684,8724,8894,9244,9234,9214,9174,9234,9244,9294,9314,928
Other intangible assets1,5731,5861,5881,6471,7211,7251,7281,7331,7441,7491,7531,757
Long-term investments528569577534699683710719680710728725
Current liabilities1,8741,8031,2731,3811,3461,3281,3321,3991,3102,3052,2612,312
Accounts payable678669671732708717709736675691742771
Long-term debt2,3292,3312,8292,8342,8272,8252,8252,8312,8222,8212,3232,331
Total liabilities5,4325,3805,3635,4775,4045,3805,3655,4315,2376,2395,6645,710
Total equity (incl. minority)7,8607,9647,9537,9168,0938,0428,0388,0047,8777,8967,8497,739
Retained earnings7,4327,5347,5377,5177,7337,7097,6897,6787,6137,5917,5577,493
Minority interest16.214.614.714.69.89.610.110.610.110.54.54.1